Modine Manufacturing (MOD) is the Chart of the Day.The manufacturer of heat exchange equipment has a 96% technical buy signal as well a 15 new highs and a gain of 19.15% in the last month.
Article:
The Chart of the Day is Modine Manufacturing (MOD). The stock has a Trend Spotter buy signal and is up 74.56% in the last year. The stock was at the top of the New High List when sorted for frequency.
They operate primarily in a single industry consisting of the manufacture and sale of heat transfer equipment. This includes heat exchangers for cooling all types of engines, transmissions, auxiliary hydraulic equipment, air conditioning components used in cars, trucks, farm and construction machinery and equipment, and heating and cooling equipment for residential and commercial building HVAC .
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 19.15% in the last month
- Relative Strength Index 73.61%
- Barchart computes a technical support level at 11.80
- Recently traded at 12.01 with a 50 day moving average of 10.09
Fundamental factors:
- Market Cap $566.87
- P/E 29.30
- Revenue projected to grow 4.20% this year and another 7.30% next year
- Earnings estimated to increase by 30.00% this year, an additional 53.80% next year and continue to increase by 40.00% annually for the next 5 years
- Wall Street analysts have issued 3 hold recommendations for their clients
- Financial Strength C++
This stock has moved a lot this year but still has some momentum. Exit your position if the stock drops below the 50 day moving average.
No comments:
Post a Comment